SPY daily divergence with break of the short term trendSPY daily divergence with break of the short term trend will take profit at 50% fibonacci retracement if nothing changes. Stop loss under local low pivot.
Divergence
Bull Bear Volume Oscillator (Idea in the making)I want you guys and gals to add in your question and comments below.
There are certain things id like to new oscillator to do for you but i want to know in what ways it can be better like if it seems to be missing something.
However. That being said, if you think its good the way it is, then by all means, let it be done and ill release it ASAP.
This is the Bull Bear Power Volume Oscillator.
It shows you TREND DIRECTIONS.
A bullish trend is not defined until you have higher highs and higher lows of the same green color .
A bearish trend is not defined until you have lower lows and lower highs of the same red color .
There is also a CENTER area which is clouded called "The Void". Any action closing in this area is null and taken as
A) Market is ranging.
and or
B) There is not enough opposing volume to move the market either way.
it is not until you get a high or low OUTSIDE of this area, where you should consider a trade.
Also, any action taking place outside of the VOID is considered a higher volatity in the market. Anything INSIDE the void is an extremely LOW volati
SOURCE - You can choose the source to be anything else that exists on your chart, for example, the RSI from a different indicator or a particular moving average you have plotted on your chart.
For those who have trouble seeing a divergence between momentum (RSI) or (Stochastic RSI) and your price action on your chart, this should paint a more clearer picture for you.
A long red column is obviously a LOW
and a long green column is obviously a High but what you should be looking for is the end of the WICK and not the color of the candle.
Again this is an early set of information for this indicator. Id like to get your feedback on it.
BTC - Bitcoin - 4h - rising wedge - volume divergence Right now, the upper line is just a prediction, but I think this is the range.
Volume is dropping, so the divergence is already there.
Rising wedge is going to kick in..
Only ultra good news can help here…
NVDA - near longer term supportNVDA has a bullish divergence on it's weekly chart and it finally came true today with a gap up today. It tested a longer term support zone (115-120) last week and this support is holding so far.
Having already retraced almost 78% of its post covid swing (AB), I am willing to take a position in NVDA right now with an initial stop loss just below this support zone @ 115.
Whether this rally is yet another bear rally remains to be seen. Will protect with trailing stops along the way.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
🎲 #TLMUSDTPERP #SHORT #SCALP 🎲🎲 #TLMUSDTPERP #SHORT #SCALP 🎲
"Roll The Dice"
Risk
- High
Entry Conditions:
- Bearish Hidden Divergence
- Bearish Market Sentiment
- McFly Signal
- Broken Support and on retest
News Source:
- N/A
Entry: 247
Take Profit 1: 242
Take Profit 2: 235
Stop-Loss: 254
DXY is testing a major resistance area After a massive rally of dollar, people were selling everything to buy dollars.
now dollar is testing a 10-year resistance. which means we could definitely see the massive corrections in other markets. including bitcoin or stocks. I believe bitcoin is not going below 18k for time being.
bitcoin is probably heading toward 30k - 32k area. within few weeks. (Only if DXY unable to break huge resistance area)
also, bitcoin was very oversold which means the market will eventually have massive correction.
We can also see the huge monthly RSI divergence. which means the momentum is shifting.
Last 11 months rally was huge and the whole world economy collapsed due to dollar bull run. i think now it's time for dollar to get a good correction.
if we take look SRI LANKA economy vanished into thin air. also, country like Pakistan were struggling to keep up with the inflation.
DXY has huge impact on $BTC however Bitcoin was still performing better than worlds most powerful currencies.
NOW we need to take a look at CPI report in order to take further action. 13 OCT is the big day.. that's when we are going to take action.
Have a good day :)
RSR - 4H Bearish DivergenceRSR has shown incredible positive price action in the last days, skyrocketing from ~$0.005 to $0.01 in a matter of a week.
I was expecting a tiny correction from $0.008 area but instead price jumped ~20% up.
Higher highs on RSR price did not follow with the same pattern on RSI and MACD, making me believe that a small price correction vis-a-vis negative outlook on public markets, cyrptocurrencies in general and overall geopolitics.
Opened a short in area $0.0096, targeting $0.0092 and below. Trade cautiously as the token is experiencing positive traction and lot of speculation.
EURUSD New SETUP (Divergence) 😎Hello, this is my trading setup🤞
As you can see, the AUD/USD currency pair has a positive correlation with this currency pair. Below you can see the downward divergence. The price has hit a 4-hour block order, we are waiting to collect enough liquidity and return the price to these two red order blocks. If you like this type of trading analysis, don't forget to comment and like👍❤
GOODLUUCK🐱🏍
RSR - Short -bearish divergence short termRSR has been experiencing very strong buying momentum over the course of the past days, galvanized by the upcoming mainnet launch at beginning of October.
Price action has been generating higher highs, reaching top of >0.0085.
RSI and MACD have been crunching lower highs instead, suggesting we might experience a bearish divergence which can push prices lower in the short term.
Please note that the token might experience high volatility given the mainnet launch as market will follow the old adage, buy the rumour sell the news.
Would position with a short, but with tight stop loss
Fri 30th September 2022 Daily Forex Charts : 7x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 7x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a EUR/JPY Buy, EUR/USD Buy, GBP/AUD Buy, GBP/JPY Buy, GBP/NZD Buy, GBP/USD Buy & NZD/CAD. A few of these are high risk and there is obviously a lot of correlation on the GBP pairs, so be aware of risk % per trade and overall risk. Enjoy the day all. Cheers. Jim
Sales have slowed downDAILY CHART
Sales have slowed down, and when this happens history has shown us that it is the turn of the bulls, that confirms a bullish divergence on the weekly chart.
Not financial advice
just my wishes and humble analysis
$APRN Looking Expensive. Elliot-wave + RSI DivergenceDoing wave tracing and it seems we are about to hit the third leg of the Elliot correction wave Considering how steep our A wave was, it may get very bloody. From an RSI divergence standpoint, we also look like we could be in for a decent retracement off the recent gains.
The Divergence comes to end... Bullish Trend Activated...After Multiple Rejection on 1610 ...
The Gold was Still on Bullish Divergence..
When it rejected the 1622 Mark..
The NewYork Session Hits the Supply Area ...
And Boom
200Pips baby
BTC Short Squeeze spotted-CVD and Order Flow for the win!BTC Short squeeze spotted-CVD and Order Flow for the win! (Long Trade!)
Why it's important to be able to read order flow and CVD. So many youtubers get super bearish at support and super bullish at resistance.
I show you how I spotted the short squeeze before it happened and my reasons for entering a long trade on BTC
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
BITCOIN Weekly Bullish DIvergence are formingBullish Divergence confirmed on BItcoin 1Day, 2 Days, 3Days, and 4Days Charts.
Will we get the weekly one?
Let me know what you think.
TSLA. Bullish Divergence 27/9/2022Waiting for a retest of the low before committing to a contract. Let's see if today will we get to see a dead cat bounce.
Quick Long LUNCUSDT 10:1 RRQuick Long LUNCUSDT 10:1 RR to EMA 200 on 15 minutes timeframe , divergence on Momentum LB and high volume spike
Gold Monthly Divergence at Equal HighsWhat is the probability of this market going down? I would say much higher than going up for the months to come.
Monthly divergence at equal highs with MACD remaining below the zero line is a very strong reversal pattern especially on the higher timeframes as the monthly chart.
I am not saying it is the same as the pattern 10 years ago but it is quite similar and I am anticipating this one to move lower in the months to come.
Divergence and Break in 1h chart in APEYou can see the divergence of the peak in the chart compared to the RSI , and its complement is the break of the downward trendline, which you must pay attention to. Be aware.
Be profitable.
Follow me! Copy my trade!
TradeSetup_Reza
